RMS: Japan quake economic losses could reach $3.5bn

Catastrophe risk management firm RMS has estimated economic
property losses resulting from the earthquakes that hit Japan last
week at between $2.5bn and $3.5bn.
The estimate includes damage to property and contents for
residential, commercial and industrial buildings, but not losses
related to business interruption, shake and landslide-induced
damage to infrastructure or damage to Kumamoto Castle.
RMS said the estimates were based on findings from its
representatives on the ground, combined wit